Suburb Profile Report for Bowen QLD (4805)

Bowen House: Median price $357,000, Annual capital growth 8.07%, Number of sales 82, Weekly median advertised rent $300

Bowen Unit: Median price $200,000, Annual capital growth 16.26%, Number of sales 28, Weekly median advertised rent $300

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : Very poor (U), Very poor (H)
  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 2.00% for the last year, Bowen, 4805 is the 2752th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Bowen has given property investors a paper return of -1.52%. This puts Suburb as 629 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in Bowen are currently offering property investors an average price cut of -9.64% below the asking price at the moment.

If you compare the increase in value of investment property in Bowen, 4805 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -48.72%.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 7.80%, without taking into account capital value appreciation, which has been averaging out at 16.26%.

HOUSE UNIT
$357,000 $200,000
-1.52% N/A
2.00% -48.72%
2.00% 29.03%
-0.83% -39.39%
8.07% 16.26%
$300 $300
82 28
4.37% 7.80%
135.17 N/A
Source: RP Data
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Demographics
Total population 10260
Median household income ($/weekly) 1100
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1295 12.6
    25-34 years 1321 12.9
    35-44 years 1252 12.2
    45-54 years 1521 14.8
    55-64 years 1411 13.8
    Others 3461 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 3235 47.0
    Not Married 2756 40.0
    Defacto Relationship 894 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7838 85.8
    Lebanon 143 1.6
    Papua New Guinea 274 3.0
    United Kingdom 280 3.1
    Other 179 2.0
    Others 421 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 1.1
    Christianity 6562 74.9
    Hinduism 9 0.1
    Islam 35 0.4
    No Religion 2043 23.3
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 405 12.7
    $600-$799 330 10.4
    $800-$999 300 9.4
    $1,250-$1,499 280 8.8
    $1,500-$1,999 377 11.9
    Others 1485 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3170 42.7
    Not in the labour force 2457 33.1
    Employed, worked part-time 1214 16.4
    Employed, away from work 326 4.4
    Unemployed, looking for work 255 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 583 12.4
    Technicians & trades workers 797 16.9
    Clerical & administrative workers 489 10.4
    Machinery operators & drivers 562 11.9
    Labourers 1005 21.3
    Others 1272 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 5.0
    Infants/Primary 795 48.3
    Secondary 489 29.7
    Technical or Further Educational Institution 169 10.3
    University or other Tertiary Institutions 68 4.1
    Others 42 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7701 86.7
    Semi-detached, row or terrace house, townhouse 207 2.3
    Flat, unit or apartment 591 6.7
    Caravan, cabin, houseboat 333 3.8
    Improvised home, tent, sleepers out 45 0.5
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1324 38.0
    Fully owned 1209 34.7
    Being purchased 930 26.7
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals